• Dollar stable near two-year high, US GDP awaited

    The dollar held its own and closed on a two-year high against its peers on Friday. Data showed strong U.S. Capital goods orders, while the anticipated first-quarter GDP report to be released later in the day was expected to reinforce the bullishness. The dollar index stood at 98.123 after advancing to 98.322 on Thursday, its […]

  • Bank of Canada will maintain overnight rate target at 1 ¾ per cent

    The Bank of Canada on 25th April will maintained its target for the high rate at ¾ per cent. The bank discount is correspondingly a pair of percent, and also the deposit rate is ½ percent. The global economic process has slowed by over the Bank forecast in its Monetary Policy Report (MPR). In progress […]

  • Must know aspects before entering in to forex trading

    Must know aspects before entering in to forex trading Be it about the success stories or something else, but many people are delving in to forex trading these days. However, it’s certainly not as easy as it is perceived. The success stories are there; but the number of failures in forex trading is also equivalently […]